FICO was operating on multiple disparate enterprise systems which were not integrated with the organization’s financial tools. The lack of efficiency in and between systems resulted in excessive IT support costs to maintain each application, and with numerous customizations, IT spend was mounting. EPM applications were outdated, had significant data limitations, and the complexity was creating a resistance to change among current users.
FICO’s objective was to develop a 12-18-month roadmap for financial reporting with a focus on:
FICO’s assessment and modernization of its financial management and analytics applications has significantly enhanced its operations and streamlined reporting."
Patrick Callahan VP, EPM and Analytics, AST LLCAST brought a proven assessment and roadmap approach that was structured to understand FICO’s current state and requirements. AST performed a Gap Analysis of Capabilities and developed a set of conclusions and recommendations to enable FICO to reach its business objectives.
AST’s knowledge of industry-leading solutions and its experience in data management was crucial to FICO realizing the following benefits:
AST’s thorough understanding of the industry and applications helped FICO build an integrated, automated,
and a seamless financial environment with greatly improved data governance and reporting capabilities.
